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to vote on the senate bill. he voted for it. eric cantor, his deputy who had long been rumored to be after his job, voted the other way. and so john boehner has been in a tenuous position. and then you had the controversy over hurricane sandy. he decided in deference to the spending concerns of some of his members to put off that vote last night and was blasted today by chris christie, the governor of new jersey, by peter king and other members from northeastern states, so he's gotta election tomorrow. i've got to tell you, larry, i spoke to a republican member who messaged me from inside a conference meeting and said there are no serious challenges to john boehner. there is a movement to have some nuts, as he called them, vote present in the speaker's election, but there won't be enough of them to matter, larry. >> wow, nuts voting present. john harwood, thank you very much. we'll talk to you tomorrow about this same story. let's go to two different viewpoints. we have two different people on mr. boehner's future. ron meyer, press secretary for american majority action. and robert costa,
the eric cantor saying he does not support this bill. and that sent shock waives, really through the washington. as he was making this public and blunt statement. then they had a series of meetings really behind closed doors to get a path forward here. >> yeah. and it was very significant. some people started to speculate. it was just conjecture that there may be a sism between house speaker john boehner and eric cantor. they seem to be much more on the same page much more in the past year or so. it was interesting that they walked down to the final conference meeting. eric cantor and john boehner walked down the center steps to the capitol. to the basement of the capitol soldier to soldier symbolic gesture that they were together and on the same page even though they might see this differently. the house speaker often does not vote on basement john boehner was concerned. he had some skepticism about this bill. but his responsibility as the speaker is to lead. and he didn't see too many ways out of this culled sack. he said look if we can get the votes possibly to go through the
into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff. it seems we have this moment where this animal goes over the cliff, all limbs a
to be speaking for this bill but i can't. >> reporter: 151 republicans including eric cantor the number two ranging house member voted against the bill because it doesn't address spending. >> what we're really doing is raising taxes to give the president more money to spend. >> reporter: president obama has promised to work with congress to find more spending cuts in the future. but he urged them not to play politics with the nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> reporter: treasury secretary timothy geithner has warned congress the country is just a few months away from defaulting on its loans for the first time in u.s. history. >> the consequences for the entire global economy would be catastrophic, far worse than the impact of a "fiscal cliff." >> reporter: but many republican congressmen say the debt limit debate is the last chance for them to secure the deep spending cuts necessary to pay down our nation's debt. tara mergener for cbs news, washington. >>> after his addr
worried me, gave me pause about 2013, as i trust it did for you. even yesterday when i heard that eric cantor was going to try to scuttle a hard-fought deal that was overwhelmingly approved in the senate, it gave me again pause about what could happen this morning. i was prepared for a down 300, 400. but cantor, who momentarily was a sure candidate for the wall of shame if he kept up that stuff, he ultimately backed down and we got a deal that everyone dislikes, which is the essence of what it means to rise above politics. you're supposed to dislike it, for heaven's sakes, it's a compromise. right now about the pending battle over the debt ceiling other than the fact that the buyers weren't too scared of the upcoming big bad debt fight today. what makes me not so concerned? i know there are plenty of other people who will wouldorry about the debt ceiling. i don't have to do it. let them worry about it i worry about the things very few people are worried about. i acknowledge i'm fretting over, problems that are thought about in advance by everybody, they have a tendency to be resolved.
gop leaders who voted no including the majority leader, eric cantor. the senate passed the measure early tuesday morning. and the bill raises tax rates for families making more than $450,000 a year, let the payroll tax cut expire, with delays automatic government and military spending cuts by two months. speaking after the house vote, the president thanked congress for approving the deal. >> the sum total of all the budget agreements we've reached so far proves that there is a path forward. that it is possible. if we focus not on our politics but let's -- on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is see figure we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> the bill does set up the next fight in around two months when the spending cuts are set to take effect and the u.s. hits the debt ceiling. treasury secretary geithner's trying to take steps to delay that date by halting investment in two government worker pension fund
chairman paul ryan did vote in favor of the bill while eric cantor and congressman mccarthy voted against it. responding quite positively to that news, doug responding less positively. the dow jones up 180 and nasdaq up 50 points and s&p 24 points and ftse up 500 points -- not 500 points. and you can see the ftse up 2% on this news and look at what happened there in asia. hang seng up almost 3%. one clarification, i think i may have misspoken when i said all of this lasting one year. what i was describing was extension of unemployment benefits, that lasts one year. these other taxes and cuts and increases are now permanent. >> the fiscal cliff a verdict for now. now, we can look forward to something with the debt ceiling in the next two months. joining us in washington is former oklahoma governor frank keating and ceo of the american bankers association. joining us from philadelphia, former pennsylvania governor, ed rendell, also a cnbc contributor. i have to tell that joke again, governor. what do you call 47 millionaires sitting around watching the super bowl? >> i give up. >> the phila
Search Results 0 to 6 of about 7